v3.26.1
Other Balance Sheet Components (Tables)
 6 Months Ended
Jun. 30, 2026
Other Balance Sheet Components [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following (in millions):
 As of
 June 30,
2026		December 31,
2025
Prepaid expenses$84 $63 
Accrued interest receivable47 35 
Other current assets8 11 
Total prepaid expenses and other current assets$139 $109 
Schedule of Property and Equipment, Net
Property and equipment, net, consisted of the following (in millions):
 As of
 June 30,
2026		December 31,
2025
Servers and related equipment and software$1,218 $1,065 
Computer hardware and software licenses61 59 
Furniture and fixtures3 2 
Leasehold improvements269 263 
Construction in progress20 11 
Prepayments for purchase of equipment and construction in progress
42 169 
Total property and equipment1,613 1,569 
Less accumulated depreciation and amortization
(790)(684)
Property and equipment—net$823 $885 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in millions):
 As of
 June 30,
2026		December 31,
2025
Accrued operating expenses and liabilities$200 $67 
Short-term operating lease liabilities158 151 
Accrued interest on the 2030 Notes6 6 
Taxes payable74 99 
Accrued compensation and other employee related liabilities27 48 
Short-term debt— 15 
Other current liabilities14 10 
Total accrued expenses and other current liabilities$479 $396